EU Directive 2024/1760 on Corporate Sustainability Due Diligence imposes key obligations on large companies, requiring them to prevent and mitigate adverse impacts on human rights and the environment. Applicable only to companies with at least 1,000 employees and a global turnover exceeding EUR 450 million, the Directive excludes most EU companies, raising concerns about its effectiveness in regulating small and medium-sized enterprises....

The concept of social profit has emerged as a result of the sustainability movement and has become a key indicator of non-financial corporate performance. Unlike traditional financial measures, social profit reflects the social and environmental impacts of a company’s activities in the community in which it operates. This paper examines the challenges of establishing standardised methodologies and metrics for measuring social profit, as well ...

Starting from the non-economic dimensions of business, the article presents a series of obligations of enterprises that aim to protect values and responsible business conduct, as reflected in the regulation of foreign direct investment and in the regulation of due diligence in matters of corporate sustainability.These obligations, however non-economic they may seem, can have profound consequences for enterprises, including economic ones.

Debates on central bank digital currency (CBDC) pose serious challenges for legal practitioners, as they involve a concept characterized by ambiguity (first issue), variable parameters of analysis (second issue) and complex technical and economic components (third issue). Legal practitioners usually prefer well-defined topics with clear legal bases, which allow interpretation of legal principles and identification of legal correlations. The CB...

The prevention of insolvency constitutes a cornerstone of the legal framework, enabling financially distressed enterprises to undertake restructuring efforts and implement strategic measures to surmount periods of economic adversity.One of the principal mechanisms for insolvency prevention is the preventive concordat procedure, which necessitates an initial assessment report on the financial distress encountered by the company. Upon the c...

The regulation of part-time work in the content of art. 103-107 of the Labor Code corresponds, in principle, to the objectives established in the content of Council Directive no. 97/81/EC of 15 December 1997 on the framework agreement on part-time work, amended by Council Directive 98/23/EC of 7 April 1998, the Romanian legislator aiming to eliminate discrimination against part-time workers and improve the quality of part-time work, facilitat...

The European insurance industry lives in the area of the conflict of laws. The aim of this paper is to show how the so-called „European conflict of laws” reveals – to foreign companies – its virtues and vices alike. Such foreign companies (non-European companies or companies outside the European Union itself, n.n.) are invited to know in depth the federal-like nature of the European Union and its legislative infrastructure. Once this nature is...

The present case commentary provides an in-depth analysis of the judgment delivered by the Court of Justice of the European Union in Case C-51/20 Commission v. Greece, concerning the persistent failure of a Member State to comply with its obligation to recover unlawful and incompatible State aid, as previously ordered by the Commission. The ruling exemplifies the corrective and sanctioning function of the EU judiciary in response to institutio...

The paper examines the legal regime governing jurisdiction clauses in electronic contracts concluded between consumers and professionals, with particular reference to the application and interpretation of Articles 17–19 of Regulation (EU) No. 1215/2012 (Brussels I bis). In the context of accelerated digitalisation and the widespread use of click-wrap agreements, the study highlights the legal risks stemming from the structural imbalance between...

We are all preparing for the technological revolution. Never in history has man been more affected by the extremely rapid changes happening around him. Of these, blockchain technology seems to have the biggest impact, being likened, not infrequently, to the fizz we all knew when the internet came into being. But unlike the internet, blockchain affects our lives much more visibly. It not only gives us access to information, but also the ability...